According to the public record, 7, Boulmer Lea, Seaham is a modern freehold house and with 2,364 ft2 of internal area and sits on a 465 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Boulmer Lea, Seaham, SR7 is located within the SR7 postal district.
7, Boulmer Lea, Seaham has a single entry in the Land Registry database from August 2012 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Boulmer Lea Seaham as £449,911 and the rental value as £1,873 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Boulmer Lea Seaham has increased by £2,689 (0.6%) and its rental value has increased by £128 per month (6.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Boulmer Lea, Seaham is in very good condition we estimate a sale value of £472,406 and rental value of £1,967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,417 and a rental value of £1,742 per month.
If you were able to purchase this property for the estimated value of £449,911, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,211 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 7, Boulmer Lea, Seaham sits on a plot of 465m2.
We have plot size data on 22 out of 26 other houses in the postcode and 7, Boulmer Lea, Seaham sits on the 15th largest plot.
According to HM Land Registry, 7, Boulmer Lea, Seaham was last sold on 20 Aug 2012 for £363,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Boulmer Lea, Seaham within a radius of 87m over the last 2 years.
The most recent example is 5, Boulmer Lea, Seaham, SR7 7WL, a Freehold house which sold for £445,000 in Feb 2022.
Read more about house prices in SR7.
Boulmer Lea, Seaham, SR7 has a total of 26 addresses. According to our analysis of all the public data, 7, Boulmer Lea, Seaham is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £305k more expensive than the average property in SR7.
7, Boulmer Lea, Seaham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Boulmer Lea, Seaham is Seaham station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Boulmer Lea, Seaham, 64.4% of property is privately owned with a mortgage and 22.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Boulmer Lea, Seaham, 26.3% of residents are recorded as possessing school level qualifications and 41.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Boulmer Lea, Seaham, the average age was 43.9 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Boulmer Lea, Seaham, 1.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Boulmer Lea, Seaham, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.